Mastercard stock price edges up after hours as Asia launches stack up and jobs data gets reshuffled
Mastercard shares rose 0.5% to $553.52 in after-hours trading Wednesday, bucking a broader market decline. The company announced new commercial payment and loyalty launches in Vietnam and Asia Pacific, including a Shopee partnership and a travel card in China. The U.S. January jobs report was delayed to next week after a government shutdown. Daiwa upgraded Mastercard to Outperform, raising its price target to $610.
